2120 E 22nd St Oakland, CA 94606
Highland Terrace NeighborhoodEstimated payment $6,561/month
Total Views
1,541
8
Beds
4
Baths
2,860
Sq Ft
$315
Price per Sq Ft
Highlights
- Wooded Lot
- Side by Side Parking
- Garden
- No HOA
- Tile Flooring
- Hot Water Heating System
About This Home
Fully leased 4-unit property in Oakland’s Highland Terrace neighborhood, generating $8,295/month in rental income. Each unit is a 2BD/1BA (approx. 705 sq. ft.), for a total of 2,860 sq. ft. across the building. Features include an onsite laundry room, four parking spaces, and a large backyard with ADU potential while retaining existing parking in the front. Located 1.5 miles from Fruitvale BART and minutes to I-580/I-880, the property offers strong commuter access. Just 0.5 miles from Highland Hospital, a major employment hub, ensuring steady rental demand and opportunity for rent growth. Offered at a 6.4% CAP, this is a turnkey investment in a core East Bay location with both stability and future upside.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,076
Year Built
- Built in 1962
Lot Details
- 5,250 Sq Ft Lot
- Paved or Partially Paved Lot
- Lot Sloped Down
- Wooded Lot
- Garden
Home Design
- Quadruplex
- Tar and Gravel Roof
- Wood Shingle Exterior
- Stucco
Interior Spaces
- Window Screens
- Disposal
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
- 220 Volts In Laundry
Parking
- Garage
- No Garage
- Private Parking
- Side by Side Parking
- Off-Street Parking
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Hot Water Heating System
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 22296123
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $19,076 | $1,202,992 | $360,897 | $842,095 |
| 2023 | $19,967 | $1,179,408 | $353,822 | $825,586 |
| 2022 | $19,399 | $1,156,286 | $346,886 | $809,400 |
| 2021 | $18,248 | $1,133,615 | $340,084 | $793,531 |
| 2020 | $18,039 | $1,122,000 | $336,600 | $785,400 |
| 2019 | $13,420 | $821,100 | $249,900 | $571,200 |
| 2018 | $13,134 | $805,000 | $245,000 | $560,000 |
| 2017 | $6,272 | $331,166 | $99,350 | $231,816 |
| 2016 | $6,030 | $324,674 | $97,402 | $227,272 |
| 2015 | $5,988 | $319,800 | $95,940 | $223,860 |
| 2014 | $6,210 | $313,535 | $94,060 | $219,475 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | Pending | -- | -- | -- |
| 07/18/2025 07/18/25 | For Sale | $900,000 | -- | $315 / Sq Ft |
Source: bridgeMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Grant Deed | $1,100,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $805,000 | Chicago Title Company | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $300,000 | Chicago Title Company | |
| Trustee Deed | $257,270 | Accommodation | |
| Grant Deed | $758,000 | Chicago Title Co | |
| Grant Deed | $675,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $760,000 | New Conventional | |
| Closed | $762,000 | New Conventional | |
| Closed | $825,000 | New Conventional | |
| Previous Owner | $600,000 | Commercial | |
| Previous Owner | $180,000 | New Conventional | |
| Previous Owner | $530,600 | Fannie Mae Freddie Mac | |
| Previous Owner | $472,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $315,000 | Unknown | |
| Previous Owner | $262,500 | Unknown | |
| Previous Owner | $171,000 | Unknown |
Source: Public Records
Similar Homes in the area
Source: bridgeMLS
MLS Number: 41105290
APN: 022-0296-012-03
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Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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